RED MARKET IS BUYING TIME FOR WHALES
🚨 BITMINE CONTINUES AGGRESSIVELY ACCUMULATING ETH, NEARING ITS TARGET OF HOLDING 5% OF TOTAL SUPPLY
BitMine has purchased an additional 27,084 ETH, bringing its total holdings to 5.70 million ETH, equivalent to 4.7% of Ethereum’s total supply.
👉 Key Highlights:
🖤 The company currently holds approximately $555 million in cash and highly liquid assets.
🖤 4.88 million ETH is currently staked, with estimated annual staking revenue of around $211 million.
🖤 BitMine is getting very close to its self-set target of owning 5% of Ethereum’s total supply.
Tom Lee continues to steadily accumulate despite market volatility. 😄